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U.S. stock-index futures added to gains on Thursday after a closely followed report on the health of the labor market showed that the U.S. added 4.76 million jobs in June and the unemployment fell to 11.1% from 13.3% in May, suggesting that the employment picture is improving after a stunning collapse due to the COVID-19 pandemic. Economists polled by MarketWatch had predicted 3.7 million jobs were created or restored in June, with some estimates ranging as high as 8 million.

(Excerpt) Read more at:

https://www.marketwatch.com/story/dow-futures-surge-400-points-after-jobs-report-for-june-shows-48-million-jobs-added-unemployment-falls-2020-07-02?mod=home-page

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